Code of Federal Regulations · Section
§ 681.16 — Power Of Attorney
34 C.F.R. § 681.16
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Neither a lender nor a school may obtain a borrower's power of attorney or other authorization to endorse a disbursement check on behalf of a borrower. The borrower must personally endorse the check and may not authorize anyone else to endorse it on his or her behalf.
Authorizing Statute
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Regulations42 U.S.C. § 216